2023
Exports
$79.3MWorld Rnk 20 / 204
Flag Rnk 225 / 1203
2023
PRODUCT COMPLEXITY IN Paintings
0.52Rnk 363 / 1025
2023
Imports
$4.78MWorld Rnk 49 / 211
Flag Rnk 813 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $79.3M in Paintings, making it the 20th largest exporter of Paintings in the world. At the same year, Paintings was the 225th most exported product in Hungary. The main destination of Paintings exports from Hungary are: Austria ($77M), United States ($534k), United Kingdom ($522k), United Arab Emirates ($418k), and Hong Kong ($263k).

The fastest growing export markets for Paintings of Hungary between 2022 and 2023 were Austria ($76.9M), United Arab Emirates ($375k), and Switzerland ($54.7k).

Imports In 2023, Hungary imported $4.78M in Paintings, becoming the 49th largest importer of Paintings in the world. At the same year, Paintings was the 813th most imported product in Hungary. Hungary imports Paintings primarily from: United States ($3.19M), United Kingdom ($618k), Germany ($208k), China ($126k), and Belgium ($119k).

The fastest growing import markets in Paintings for Hungary between 2022 and 2023 were Germany ($133k), Belgium ($93.1k), and Costa Rica ($46k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Paintings. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$79.3M
IMPORTS (2023)$4.78M
NET TRADE (2023)$74.5M

In 2023, Hungary exported $79.3M in Paintings. The main destinations of Hungary exports on Paintings were Austria ($77M), United States ($534k), United Kingdom ($522k), United Arab Emirates ($418k), and Hong Kong ($263k).

In 2023, Hungary imported $4.78M in Paintings, mainly from United States ($3.19M), United Kingdom ($618k), Germany ($208k), China ($126k), and Belgium ($119k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Paintings EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Austria$76.9M (89.9k%)
Switzerland$54.7k (118%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paintings BY Hungary WERE (2022 - 2023):
United States-$5.85M (-91.6%)
United Kingdom-$1.33M (-71.8%)
Lebanon-$824k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Paintings were:
In 2023, Hungary's main importing competitors in Paintings were:

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Trade Value of Paintings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.32M
TOP IMPORT POTENTIALUnited Kingdom+ $1.06M

Paintings’s highest export potential is United States. With an export gap of $1.32M.   Paintings’s highest import potential is United Kingdom with an import gap of $1.06M.

See methodology.

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